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506 510 West 150th Street

Updated May 12, 2025

506 510 West 150th Street
SOLDMultiFamily

506 510 West 150th Street

506 510 West 150th Street

$11,500,000

$266/SF

Building Size

43,200 SF

Asset Type

MultiFamily

Closing

Jan 13, 2015

About this deal

AI

The property asset involved in this transaction is a multifamily building located at 506 510 West 150th Street in the New York market. The sale occurred for a price of $11,500,000.00, encompassing a total square footage of 43,200.0.

Summary of transaction details:

This transaction included key individuals such as the buyer Moses Mizrahi and brokers Josh Lipton and Andrew Levine, both representing the deal through Invictus. Their roles were instrumental in facilitating the transaction for the multifamily asset.

Players

Andrew Levine

Invictus Property Advisors

Broker

$454.4M

vol

68 deals

Broker

Moses Mizrahi

Buyer

$33.5M

vol

2 deals

Buyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $266 per square foot on a published $11.5M for 43,200 square feet (2015).

Visit Josh Lipton to view all their deals.

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.38%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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